Pure Capital Analysis Restricted (Natcap) introduced right now it has secured $10 million in an oversubscribed Sequence A funding spherical to scale its pioneering nature tech product.
This funding will assist speed up Natcap’s speedy development, supporting organizations in understanding their nature-related dangers and alternatives. The corporate’s focus is to ship high-quality nature information to firms underneath the EU’s Company Sustainability Reporting Directive (CSRD), the EU’s Sustainable Finance Disclosure Regulation, and the Taskforce on Nature-related Monetary Disclosures (TNFD) suggestions. Natcap is among the many first nature and biodiversity intelligence firms globally to finish Sequence A financing on this rising market.
Natcap secured new funding from André Hoffmann, Norinchukin Capital, Yeo Ventures, and Pelican Ag. The spherical additionally consists of funding from former CEO of Refinitiv David Craig, and follow-on investments from Oxford Science Enterprises, MW&L Capital Companions, and Alea Iacta Est, all of which participated within the firm’s £2.5 million seed spherical in early 2023. This vital endorsement units the stage for Natcap’s development as nature reporting turns into obligatory worldwide.
Natcap’s platform integrates superior science, information, and expertise, enabling firms to measure, report, and act on nature-related dangers and alternatives. Based in 2018 by Professor Baroness Kathy Willis on the College of Oxford and others, Natcap goals to embed nature intelligence into enterprise decision-making.
The corporate has developed world-leading expertise, supporting over 20 organizations, together with collaborations with Tesco’s Nature Programme and MS&AD Insurance coverage Group Holdings. Natcap was lately one among 4 UK tech firms chosen for presidency help from the UK-APAC Tech Progress Programme for enlargement into the Japanese market.
Quote from Natcap CEO, Sebastian Leape:
“It has been really thrilling to see the extent of investor curiosity in our firm, notably in a less-than-optimal fundraising setting globally,” mentioned Sebastian Leape, CEO of Natcap. “We see our traders’ help as an extra endorsement of the market want for what we provide: a easy, simple answer for firms grappling with nature dangers and reporting wants underneath CSRD and TNFD. We sit up for scaling our providing, permitting extra organizations to combine nature into their decision-making, and accelerating the world’s transition to a nature-positive future.”
Quote from André Hoffmann, Vice-Chairman, Roche Holding AG:
“As an investor deeply dedicated to sustainability and environmental stewardship, I’m thrilled to help Natcap. Their revolutionary and science-based method to assessing nature danger and alternative represents a pivotal step ahead in our efforts to embed nature into how companies make selections. By way of my function as a senior advisor to the Taskforce for Nature Associated Monetary Disclosures (TNFD) I’ve witnessed firsthand the hole that Natcap fills: serving to companies to measure nature danger and alternative at scale. I sit up for working with the Natcap crew to assist them obtain their formidable objectives.”
Quote from Nick Dixon-Clegg, Companion, Oxford Science Enterprises:
“Managing nature-related dangers successfully is essential for each firms and traders, and requires the event of latest revolutionary nature-related applied sciences. This vital spherical of capital is a testomony to each Natcap’s exceptional progress on this cutting-edge area and to the crew behind it. We’re thrilled to proceed supporting the expansion of their platform as a part of our mission to scale essentially the most promising applied sciences from the Oxford ecosystem.”
